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In F1, precision is everything. But behind every tenth gained is a person; focused, curious, and always learning. It’s a thirst for knowledge that drives progress, and this Mexico City Grand Prix week we’ve been cultivating that with Valvoline as we took F1 to local students to mark the launch of the Aspiring Mechanics Programme.
Every great career starts with a single spark. A moment of curiosity, a chance to learn. Through the Valvoline Aspiring Mechanics Programme, we’re supporting the future of mechanics.
The Aspiring Mechanics Programme aims to remove entry barriers and open doors for the next generation of automotive mechanics with a $1 million (USD) investment to support an estimated 10,000 aspiring professionals worldwide through hands-on learning, training, scholarships, and local engagement programmes.
Together with Valvoline, we’re empowering this new generation to turn potential into performance, starting with a trackside launch at the Mexico City Grand Prix.
We visited La Escuela Mexicana de Electricidad (EME) as students learned what it takes to get into the sport.
They heard from Aston Martin Aramco Head of E-sports, Miguel Faísca, whose passion for racing led him to study Mechanical Engineering in Portugal, before he went on to win the 2013 GT Academy e-sports competition – setting him on the path to working in F1.
His illuminating seminar discussed the benefits of engineering, and the vital skill of paying attention to the small details, as well as highlighting the lack of mechanical engineers in Mexico currently and how important the next generation of mechanics is.
Then it was time to get hands-on. The students were shown an array of F1 car parts and Technical Drawings, seeing in granular detail the pinpoint craftsmanship that powers our team. They were able to explore every millimetre of each carefully designed component, before asking any questions about the specific role it plays in helping our car travel at more than 300 km/h.
The students who have received scholarships through the Aspiring Mechanics Programme also joined our team trackside, going behind-the-scenes to tour our garage and meet our mechanics at Autódromo Hermanos Rodríguez. They witnessed first-hand how innovation and precision drive performance at the highest level of racing, immersing themselves in the world of an F1 mechanic and seeing exactly where their careers could take them one day.
Reflecting on the experience, students Ana, 23, and Joshua, 28, offered their thoughts and aspirations.
“Women are not really represented in this field, but this programme is something important. It is something that helps bridge the gap,” said Ana.
While Joshua shared his passion for mechanical engineering: “Ever since I was a kid, I’ve always loved to know how things work, to know how engines work. It’s always been my dream to be able to repair engines.”
Perhaps, one day, both will be in the F1 pit lane permanently.
I / AM
Worn by our mechanics. Signed by our drivers. Win the limited-edition Valvoline PUMA pit crew gloves.
ENTER NOW
Thinking about what to do with Southern Copper shares right now? You are not alone. After the stock’s impressive run, plenty of investors are asking the same question. Southern Copper has handed investors a five-year return of more than 220%, with a year-to-date jump of 44.2% as of the last close at $129.34. Momentum slowed this past week, dipping by 0.4%, but zoom out just a bit and the stock is up over 8% in the past month. It is this combination of recent volatility and long-term growth that has everyone watching closely.
Recent news around global copper demand and reports of new investment in infrastructure have only added fuel to the fire. As supply chain optimism picks up and market-watchers weigh geopolitical developments, Southern Copper finds itself squarely in the spotlight. The company has earned this position with a portfolio that tracks closely to the fortunes of the world’s industrial recovery.
But let’s shift to the big question: Is Southern Copper’s current price justified, or has this sizzling stock run ahead of its value? If you are wondering how undervalued (or overvalued) the company might be, Southern Copper currently scores 0 out of 6 on our valuation check, meaning it does not show signs of being undervalued in any of the six categories we track. Still, valuations are rarely the whole story. Up next, we will break down the different approaches for assessing value and why a modern take on valuation might be more insightful than ever before.
Southern Copper scores just 0/6 on our valuation checks. See what other red flags we found in the full valuation breakdown.
A Discounted Cash Flow (DCF) model estimates a company’s intrinsic value by projecting its future cash flows and discounting them back to their present value. This approach helps investors figure out what a company’s shares are really worth compared to their current market price.
For Southern Copper, the DCF uses a two-stage Free Cash Flow to Equity model. The company’s last twelve months of Free Cash Flow stand at $3.36 billion, with analyst forecasts suggesting fairly steady, though slightly declining, cash flows over the next decade. By 2029, projected Free Cash Flow is expected to be around $3.00 billion, and by 2035, model extrapolation sees it falling closer to $1.96 billion as growth rates moderate. Most of these future estimates are based on a blend of analyst predictions for the next five years, followed by data-driven extrapolation for the longer term.
Bringing all these cash flows back to today’s dollars gives an estimated intrinsic value for Southern Copper of $48.78 per share. With shares recently trading at $129.34, the DCF model implies the stock is about 165% overvalued at current prices.
